The United Nations (UN) Sustainable Development Goals (SDGs) inspire individuals, businesses, and nations to create a more sustainable and equitable world. In line with the SDGs, we set ambitious 2030 Sustainability Commitments that reflect our deep commitment to addressing environmental, social, governance, and economic issues. Our deep expertise in the heating and cooling sector allows us to implement and scale industry-changing innovations. We want our commitments to inspire others and call on those within our industry and beyond to join our transformative efforts. We used Trucost’s SDG Evaluation Tool to understand where Trane Technologies could make the most meaningful impacts. Based on the evaluation, we aligned our actions with three primary SDGs:
We aligned the Opportunity for All pillar of our 2030 Sustainability Commitments with SDG 5. We strive for gender parity in leadership and throughout our organization and continuously evaluate our hiring practices to improve where and how we recruit talent, develop our workforce, promote from within, and hold our leaders accountable for enabling opportunities for everyone.
Many of our Learning & Development programs focus on helping women grow into leadership positions at our company. For example, our Women in Action program helps our female team members learn advanced leadership skills. We also use a seven-step strategic sourcing process to evaluate our suppliers on various factors, including their Diversity & Inclusion policies. We have a supplier diversity program and continually grow our spend with women-owned businesses.
We continually implement new energy efficiency measures across our enterprise and purchase renewable energy for our operations. As part of RE100, we’re committed to sourcing 100% renewable energy by 2040, ahead of RE100 requirements. Additionally, we create innovative energy-efficient products and energy management solutions to reduce our customers’ consumption profiles. Our 2030 Sustainability Commitments, including the Gigaton Challenge, reflect our ongoing focus on product solutions that help buildings and the transportation of perishable cargo consume less energy without sacrificing performance.
Trane Technologies actively works to reduce greenhouse gas emissions caused by heating and cooling, as well as food loss during transportation. As a global climate innovator and sustainability leader, we take bold actions to decarbonize our footprint internally and externally by:
SDG 2: Zero Hunger: Operation Possible, our crowd-sourcing innovation program launched in 2021, developed the cooling cart—an innovative, low-cost solution that helps street vendors preserve produce. The cooling cart can help reduce food waste and thereby improve the economic conditions of street vendors. Read more about Operation Possible in Technology & Innovation.
SDG 4: Quality Education: We are proud of our learning culture and work to advance every employee’s career growth. We offer programs through Trane Technologies University and our micro-learning platform to encourage team member career growth. Our educational support extends beyond our workforce as we contribute to organizations like Project Scientist and Discovery Education, which enhance access to science, technology, engineering, and mathematics education for underrepresented groups. Read more about our Learning & Development programs and educational support in line with our Diversity & Inclusion actions.
SDG 9: Industry, Innovation, & Infrastructure: We’re leading the way in resilient and efficient infrastructure through our building automation services and advanced heat pump and thermal management systems. Read more about our Technology & Innovation solutions that align with sustainable infrastructure.
SDG 10: Reduced Inequalities: We made Opportunity for All a core pillar of our Sustainability Commitments and realize that a diverse, inclusive workforce that reflects the communities where we live and work will support Trane Technologies’ future growth and innovation. That’s why we’re investing in underrepresented communities, building diverse hiring pipelines, and aiming for gender parity in senior leadership roles. Learn more about our Diversity & Inclusion initiatives.
SDG 11: Sustainable Cities & Communities: We actively work to improve air quality by reducing emissions. For example, Thermo King® piloted its evolve™ electric refrigerated trailer in the United States in 2022. The trailer delivered excellent performance and significantly reduced customers’ emissions by reducing the amount of diesel fuel used while transporting perishable goods. Read more about our emission-reducing products in Energy Efficient & Low Emissions Products.
SDG 12: Responsible Consumption & Production: We implement strict sourcing processes and hold our suppliers accountable through policies like our Business Partner Code of Conduct and Global Human Rights Policy, among others. We also invest significant resources in creating an inclusive supply chain by sourcing from minority-owned businesses. Read more about our Supplier Diversity practices.
Read more about our support for the UN SDGs in our 2022 ESG Report.